W(B)L 51-7406

4

1.

CONFIDENTIAL

be left alone to decide these issues

their own best interests.

If you decided

that there was nothing at stake for the

Board of Trade you would no doubt accept

that position. May I know where you

stand in the matter?

Whether

mut

OV

no1"

you

ame

represented

lve

of course

reach agreement in advance

to be taken.

To

iny

mind

and

a in

immediate one-

The Ime

The central issue

is the question of the renewal of these agreements

دی؟

recall Wronged that

NOTH

400

(with theton)

It seems to me than, even though this political

factor, is no longer

Hong Kong will operative, we shatt have to consider whether The Sweden have a cave

for renewal.

fon straight commercial Grounds - just as

we had to come salt with 124 In Canadiana the renewal

The restraint agreement with them cal though it was on folynasie fabres

ровунетте (blends originally to intendre be for defined

one year only.

that it would not have been entered into

but for the Swedish pre-election difficulties,

which have now disappeared.

I find it

difficult to see how we can continue to take recent

that line after the 100t round of

negotiation but do not wish Hong Kong

to reply to Baron De Geer's letter in such

Supposing terms as to destroy that argument we did

wish to use it. This seems to me the

stret question we have to clear out of the way and You may think that we ought to

These matters

discuss it to other with the other questions I have puised in this faltex at the meeting.

CONFIDENTIAL

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